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India’s new finance hub in Gujarat eyes real-time dollar settlement by 2025Real-time dollar settlement in India’s newest financial hub in Gujarat, GIFT City, is set to begin later this year. The service aims to att...
JPMorgan to use blockchain to settle US dollar forex trades in India hubUnder the existing settlement system, it could take a few hours for the settlement to complete. Moreover, transactions are not settled on S...
JP Morgan eyes collaborations in fintech space in India, says global CIO Lori BeerBeer manages close to $14 billion of technology expenditures for the $121-billion financial services behemoth that is also the largest bank...
JP Morgan to hire over 5,000 technologists in CY22JPMorgan is one of the biggest employers, along with Barclays and Citigroup, in India’s foreign banking arena, with large facilities employ...
Listed crypto companies losing charm following recent carnageEven several crypto-related companies, directly or indirectly, have announced to reduce their headcount significantly, anticipating a dull ...
HSBC launches metaverse portfolio for wealthy Asian clientsIn a statement on Wednesday, HSBC said its Metaverse Discretionary Strategy portfolio, managed by its asset management arm, will focus on i...
Crypto week at a glance: Market appears bright as ApeCoin surges on launchMeta, the parent company behind Facebook and Instagram, is reportedly working on bringing non-fungible tokens (NFTs) to Instagram, accordin...
Top cryptocurrency prices today: Bitcoin, Ethereum, Dogecoin, Avalanche zoom up to 11%Barring the dollar-pegged USD Coin, all other top digital tokens were trading with higher in early trade on Wednesday. Avalanche rose 11 pe...
Want to play the crypto game via equities? Here are names to add to your watchlistDespite the poor performance in the December quarter, Meta (formerly Facebook Inc) remains the top bet to play the theme. The company's sto...
Don't rush to ban all cryptosStablecoins issued by central banks and entities regulated by monetary authorities should definitely be allowed to operate, with the issuer...
Mensa turns unicorn in six months; rollup ecommerce explainedMensa Brands, the brand aggregator and rollup firm founded by former Myntra CEO and Medlife cofounder Ananth Narayanan, is the latest start...
CBDCs make tangible progressSuppose there were a non-dollar digital currency that maintains a relatively stable value and can be used to settle payments that do not ha...
Welcome to the metaverse; Oyo’s pre-IPO movesLike Zoom calls, food delivery and work from home, the idea of building the “metaverse” has surged in popularity during the pandemic. Orave...
SBI joins JPMorgan's blockchain-based payment networkThe tie up is expected to reduce SBI customers’ transaction costs and time taken for payments, sources said. Time taken to resolve cross-bo...
Technology Innovation at JPMorgan Chase“Our world is changing at a pace never experienced before and innovation is continuous. This undoubtedly brings opportunities and challenge...
Seven Indian banks join JP Morgan's blockchain platformThe platform is the first live blockchain service by JP Morgan and represents the largest number of banks to join a live application of blo...
The toss of a Bitcoin: How crypto ban will hurt 5 mn Indians, 20K Blockchain developersSome crypto-exchanges have taken the drastic decision to register their companies.
Why India should not outlaw cryptocurrenciesWorld needs to get out of the dollar’s stranglehold and cryptocurrencies could play a big role in that.
Here's how bitcoin can reward you!A Bitcoin is a digital currency created and held electronically. It is not printed or minted but produced by technocrats globally.
Infosys launches new Blockchain offering for top banking and finance customersBlockchain-based software platforms typically allow banks to upgrade existing legacy technology systems and help increase efficiencies, sec...